Clay County Agricultural Fair Association

Analysis

Clay County Agricultural Fair Association is a registered charity in United States, based in Vermillion, SD. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Clay County Agricultural Fair Association reported income of $74k and spending of $69k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $74k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Clay County Agricultural Fair Association sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 23rd percentile within SD. Charities of a similar size with the same main cause include Tinker Home Away From Home Inc ($74k), Marion Area Ministerial Associations House of Hope ($74k) and Nodutdol Corporation ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.